>> all right, john yang. john, thank you. stocks, and that credit rating caught the big picture, definitely troubling. but what does it mean for you? joining us this morning is cnbc's brian chatman. brian, good morning. >> hi, jenna. >> let's talk about this s&p downgrade. we know what it means for the country. it's now going to cost us more to borrow money. what does this mean for me and you? >> people are waking up and watching today and think, this is more minor league baseball. aaa to aa. the bottom line is we don't know 100%. there is a certain unknown. the borrowing costs are the key thing for the consumer because it's not just government. it could be businesses. it could be the consumer. that means if you have to pay more for your credit card, more for your mortgage, that's less money in your pocket to spend on other things. on top of that if the borrowing costs of the government go up, the government's going to spend more money on servicing its debt and your tax dollars don't go towards the services you expect. >> we